Legal Question in Real Estate Law in North Carolina
Can you be required by law to pay old debt from credit cards 15 years old when you refinance your home
Asked on 2/07/17, 10:27 am
1 Answer from Attorneys
Kenneth Love
Ken Love Law
It depends. But ultimately a lender can put any requirement they want on giving a loan. If they chose to add this requirement, you simply go to another lender.
Also, if this is a judgment, then all lenders will require it to be taken care of in some manner.
Answered on 2/07/17, 10:38 am